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Stock impact report

Despite selling recently, Rumble Inc. (NASDAQ:RUM) insiders own 71% stake and recent decline might have cost them [Yahoo! Finance]

Rumble Inc. - Class A (RUM) 
Company Research Source: Yahoo! Finance
Recent sales by insiders If you want to know who really controls Rumble Inc. ( NASDAQ:RUM ), then you'll have to look at the makeup of its share registry. We can see that individual insiders own the lion's share in the company with 71% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Despite selling some shares recently, insiders control a good portion of the company's stock. As a result, they were also the group to endure the biggest losses as the stock fell by 4.7%. In the chart below, we zoom in on the different ownership groups of Rumble. See our latest analysis for Rumble What Does The Institutional Ownership Tell Us About Rumble? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Rumble does have institutional investors; and they hold a good portion o Show less Read more
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